Biden to release 10M more barrels from Strategic Petroleum Reserve in November in wake of OPEC Cuts

[Faun]

/——-/ So why didn’t the oil guys do that when Trump was president? We were energy independent with Trump, now Joe is draining the SOR and begging our enemies for oil. Nice job, Libtard.

Don't know but we're still producing more that we consume. It's still not enough because oil companies are exporting in record amounts.

 

[Nostra]

Don't know but we're still producing more that we consume. It's still not enough because oil companies are exporting in record amounts.

Nope. That's a lie. I proved you are full of shit a few posts up. You think we only use oil for gasoline.

You are an idiot.

 

[Faun]

So it was held up in court by left wing loons.

But it was killed by your Vegetable Messiah.

LOLOLOL

You're such an idiot, Dumbfuck. the Supreme Court leans right, but they're "left wing loons?"

July 6, 2020, Supreme Court Upholds Ruling Blocking Permit for Keystone XL​

Face reality for once -- you're the loon.

 

[Nostra]

LOLOLOL

You're such an idiot, Dumbfuck. the Supreme Court leans right, but they're "left wing loons?"

July 6, 2020, Supreme Court Upholds Ruling Blocking Permit for Keystone XL​

Face reality for once -- you're the loon.

Who brought the suits against XL, Dumbass?

 

[candycorn]

Another win for the good guys.

 

[Faun]

Nope. That's a lie. I proved you are full of shit a few posts up. You think we only use oil for gasoline.

You are an idiot.

Dumbfuck, I posted links to the EIA publishing those figures. Go cry to them.

 

[Faun]

Who brought the suits against XL, Dumbass?

Dumbfuck, it was upheld all the way to the Supreme Court. It was a valid suit.

 

[Nostra]

Dumbfuck, I posted links to the EIA publishing those figures. Go cry to them.

You published what we use for gasoline alone. For all products (as my link to the EIA proves) we consume over 19 million barrels per day.

Your ignorance is on full display.

 

[Cellblock2429]

Don't know but we're still producing more that we consume. It's still not enough because oil companies are exporting in record amounts.

/-----/ GEEEEEZE Because not all oil is used to make gasoline. If you're interested in the business, here are some facts. What's wrong with exporting the grades of oil used to make other products?

Content
We used to speak about oil as a singular homogeneous substance. But how many types of crude oil can we really differentiate?

Extracted in its natural unrefined state from the ground, crude oil significantly varies in its consistency and density – from a volatile and relatively thin liquid to a semi-solid and viscous substance. Still, often referred to as the ‘black gold’, the color of different crude oils may also vary from a light, golden yellow to dark black.

4 factors of crude oil classification​

• Viscosity defines the ability of oils to flow. Higher viscosity makes oil more difficult to flow. As such, it takes much energy to pump it from the ground.
• Volatility defines the speed of oil evaporation. Higher volatility requires additional measures to monitor the environment during the extraction process to make sure only the smallest part of oil is lost due to evaporation.
• Toxicity defines the poisonous and harmful effects of oil on the environment, people and wildlife during the production and refinement process. In case of oil spills, which have happened occasionally throughout the history of oil transportation, each oil type requires different measures to minimise any potential hazard.

4 major types of crude oil​

The four principal types of oil are:

1. Very light oil​

This type tends to be very volatile, evaporating in just a few days, which makes it less toxic.

Very light oil is mainly used in the following crude oil products: gasoline, jet fuel, petroleum spirit, kerosene, petroleum ether and petroleum naphtha.

1. Light oil​

This type is moderately toxic and volatile. It is mainly used for the following crude oil products: fuel oils (grade 1 and grade 2), diesel fuel oil and domestic fuel oils.

1. Medium oil​

The most common type of oil with low volatility and higher viscosity, which makes it more toxic and potentially more hazardous and challenging during occasional cleanups.

1. Heavy fuel oil​

The least volatile, the most toxic and viscous type of oil.

It is mainly used for the following crude oil products: the heaviest 3, 4, 5 and 6 fuel oils and heavy marine fuel.

3 in 160: major oils on the market​

Did you know that there are over 160 different types of crude oil traded on the market? West Texas Intermediate (WTI), Brent Crude, OPEC Reference Basket, Dubai Crude, Bonny Light and Urals are just six of many. Luckily, you don’t have to learn the whole list.

Instead, you’d better take a look at the 3 primary oils, which are considered the world’s most important oil benchmarks and draw the most serious attention among investors and analysts.

 

[Missouri_Mike]

Utter nonsense. The vast majority of oil transported through the Keystone XL pipeline was slated to be exported.

Even worse for you, construction on that pipeline was halted while Trump was president.

The vast majority huh, so what? A lot was staying right here and the amount staying could have increased. Just because some was going somewhere else cutting yourself off from getting any is fucking stupid.

Bidumb killed it the day he took office you dumbass.

 

[Faun]

You published what we use for gasoline alone. For all products (as my link to the EIA proves) we consume over 19 million barrels per day.

Your ignorance is on full display.

Dumbfuck...

Biden to release 10M more barrels from Strategic Petroleum Reserve in November in wake of OPEC Cuts​

 

[Faun]

/-----/ GEEEEEZE Because not all oil is used to make gasoline. If you're interested in the business, here are some facts. What's wrong with exporting the grades of oil used to make other products?

Content
We used to speak about oil as a singular homogeneous substance. But how many types of crude oil can we really differentiate?

Extracted in its natural unrefined state from the ground, crude oil significantly varies in its consistency and density – from a volatile and relatively thin liquid to a semi-solid and viscous substance. Still, often referred to as the ‘black gold’, the color of different crude oils may also vary from a light, golden yellow to dark black.

4 factors of crude oil classification​

• Viscosity defines the ability of oils to flow. Higher viscosity makes oil more difficult to flow. As such, it takes much energy to pump it from the ground.
• Volatility defines the speed of oil evaporation. Higher volatility requires additional measures to monitor the environment during the extraction process to make sure only the smallest part of oil is lost due to evaporation.
• Toxicity defines the poisonous and harmful effects of oil on the environment, people and wildlife during the production and refinement process. In case of oil spills, which have happened occasionally throughout the history of oil transportation, each oil type requires different measures to minimise any potential hazard.

4 major types of crude oil​

The four principal types of oil are:

1. Very light oil​

This type tends to be very volatile, evaporating in just a few days, which makes it less toxic.

Very light oil is mainly used in the following crude oil products: gasoline, jet fuel, petroleum spirit, kerosene, petroleum ether and petroleum naphtha.

1. Light oil​

This type is moderately toxic and volatile. It is mainly used for the following crude oil products: fuel oils (grade 1 and grade 2), diesel fuel oil and domestic fuel oils.

1. Medium oil​

The most common type of oil with low volatility and higher viscosity, which makes it more toxic and potentially more hazardous and challenging during occasional cleanups.

1. Heavy fuel oil​

The least volatile, the most toxic and viscous type of oil.

It is mainly used for the following crude oil products: the heaviest 3, 4, 5 and 6 fuel oils and heavy marine fuel.

3 in 160: major oils on the market​

Did you know that there are over 160 different types of crude oil traded on the market? West Texas Intermediate (WTI), Brent Crude, OPEC Reference Basket, Dubai Crude, Bonny Light and Urals are just six of many. Luckily, you don’t have to learn the whole list.

Instead, you’d better take a look at the 3 primary oils, which are considered the world’s most important oil benchmarks and draw the most serious attention among investors and analysts.

Oh look, stupid in stereo.

Do you know what thread you're posting in?? The topic is crude.

 

[Faun]

The vast majority huh, so what? A lot was staying right here and the amount staying could have increased. Just because some was going somewhere else cutting yourself off from getting any is fucking stupid.

Bidumb killed it the day he took office you dumbass.

Moron, "some" was not going elsewhere ... most would have.

And it was on it's death bed when Biden finished it off. Again, construction was halted before Biden became president.

 

[Cellblock2429]

Oh look, stupid in stereo.

Do you know what thread you're posting in?? The topic is crude.

/——-/ Yeah, I’m responding to your post “Don't know but we're still producing more that we consume. It's still not enough because oil companies are exporting in record”
I’ll dumb it down for you. We are exporting oil, but not all oil is used to make gasoline.

 

[Faun]

/——-/ Yeah, I’m responding to your post “Don't know but we're still producing more that we consume. It's still not enough because oil companies are exporting in record”
I’ll dumb it down for you. We are exporting oil, but not all oil is used to make gasoline.

Ijit, you're too dumb to dumb anything down. Record levels of crude exports...

Record US Oil Exports Set to Grow as WTI Discount Deepens

The US is exporting more oil than ever before, with shipments poised to climb even higher.

www.bloomberg.com

The spread this week blew out to a level not seen since 2020, incentivizing exports that are already at a record. Crude shipments climbed 21% last week to an all-time high of 4.55 million barrels a day while total petroleum exports also hit a record, Energy Information Administration data show.​

 

[marvin martian]

I did not say they did. I said that the oil which Biden is releasing was put in at less than $40 per barrel.

Actual average price paid was $29.70 per barrel...

SPR Quick Facts

This page lists Quick Facts for the Strategic Petroleum Reserve.

www.energy.gov

Notably, when the price of oil tanked during the pandemic, Trump proposed filling the SPR with dirt cheap oil. The Dems celebrated canceling his brilliant plan...

Democrats Bragged About Canceling Trump's Plan To Fill Strategic Petroleum Reserve

Remember this with all the media spin now about Biden releasing 180 MILLION barrels from our emergency reserve.

thepoliticalinsider.com

Trump was right again, and a visionary leader. Dems are destroying America.

The DemoKKKrats foolishly and naively assumed that the minute Joe was elected, we would all start driving flying cars that run on good will.

The adults are most definitely NOT in charge.

 

[Nostra]

Dumbfuck...

Biden to release 10M more barrels from Strategic Petroleum Reserve in November in wake of OPEC Cuts​

So? WTF does that have to do with your lie that we only consume 8.8 million barrels of oil per day?

You are flailing, Simp.

 

[easyt65]

 

[Nostra]

Hey Fawnboi, what is the figure in bold at the bottom? That would be our total oil consumption per day.

What is the top figure? It is what you lied about when you claimed we only used 8.8 million per day.

It's amazing that you are so stupid you think the only use for oil is gasoline. Simply amazing.


Major types and amounts of U.S. petroleum products consumed in 2021

Product	Annual consumption (million barrels per day)
Finished motor gasoline1	8.795
Distillate fuel oil (diesel fuel and heating oil)1	3.943
Hydrocarbon gas liquids (HGLs)	3.410
Kerosene-type jet fuel	1.371
Still gas	0.642
Asphalt and road oil	0.370
Residual fuel oil	0.313
Petrochemical feedstocks	0.289
Petroleum coke	0.269
Lubricants	0.104
Other petroleum products2	0.211
Special napthas	0.042
Aviation gasoline	0.012
Waxes	0.006
Kerosene	0.005
Total petroleum products	19.728

 

[DigitalDrifter]

Dimocrats should be rejoicing, they are finally getting what they have wanted for decades. Insanely high prices that force Americans into smaller cars and mass transportation.